The HRTech Wire · auto-curated
Friday, November 6, 2026
HR technology, every morning — wired to the companies and people behind it.
Workforce uncertainty is mounting as potential US job cuts in the millions raise recession fears, while Big Tech firms including Microsoft, Google, and Meta pursue voluntary buyout strategies — moves that are unsettling employees and reshaping headcount planning. On the technology and compliance side, Sterling Brokers' acquisition of Lucite brings AI-powered tools to Canada's independent benefits brokers, CodeSignal advances skills validation through agentic intelligence, and Remote has launched expense cards for Employer of Record staff. Employers are also navigating a tightening regulatory landscape, with new salary disclosure requirements under an emerging pay-transparency law and fresh compliance obligations for New York employers around personnel record access.
Filtered: #tech sector · clear
layoffsThe Economic Times· 7:51 AM PST
Google has started offering voluntary exit packages, joining Microsoft, Oracle and Meta in workforce reductions or buyouts. Microsoft reportedly offered buyouts to 60,000 employees, and Oracle has cut 21,000 positions, about 13% of its workforce. Canva is cutting 22% of staff (just over 1,200 people), Squarespace about 300 jobs, and Dropbox around 200. A 24/7 Wall St. analysis warns that spread into retail and financial services could add 1.6 million US job losses.
